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Glance Natalie's Form 4 filing

Duolingo, Inc. (DUOL) · filed Nov 18, 2021

Accession no.
0001562088-21-000040
Filed
Nov 18, 2021
Trade date
Nov 16, 2021
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 10 non-derivative transactions and 3 derivative transactions. Open-market sales total $2.70M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Glance NatalieCIK 0001870350Officer (SVP, Engineering)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Nov 16, 2021Class A Common StockMOption exerciseAcquired+995$2.23+$2,218.8575,023Direct
Nov 16, 2021Class A Common StockMOption exerciseAcquired+18,333$5.00+$91,66593,356Direct
Nov 16, 2021Class A Common StockMOption exerciseAcquired+130$7.11+$924.393,486Direct
Nov 16, 2021Class A Common StockSSaleDisposed−2,765$135.75F3−$375,348.7590,721Direct
Nov 16, 2021Class A Common StockSSaleDisposed−1,921$136.50F4−$262,216.588,800Direct
Nov 16, 2021Class A Common StockSSaleDisposed−951$138.25F5−$131,475.7587,849Direct
Nov 16, 2021Class A Common StockSSaleDisposed−6,355$139.16F6−$884,361.881,494Direct
Nov 16, 2021Class A Common StockSSaleDisposed−6,378$140.03F7−$893,111.3475,116Direct
Nov 16, 2021Class A Common StockSSaleDisposed−1,000$140.79F8−$140,79074,116Direct
Nov 16, 2021Class A Common StockSSaleDisposed−88$141.65−$12,465.274,028Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Nov 16, 2021Class A Common StockMOption exerciseDisposed−995$0.00$083,196Direct
Nov 16, 2021Class A Common StockMOption exerciseDisposed−18,333$0.00$021,334Direct
Nov 16, 2021Class A Common StockMOption exerciseDisposed−130$0.00$023,870Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F3

The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $135.19 to $136.18, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F4

The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $136.19 to $137.02, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F5

The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $137.59 to $138.54, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F6

The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $138.62 to $139.61, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F7

The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $139.63 to $140.62, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F8

The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $140.63 to $141.09, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)